Lowe’s Cos.’ quarterly profit rose 76 percent as the home-improvement retailer’s revenue edged up amid efforts to revamp merchandise and pricing. Lower costs also helped. Adjusted earnings of 40 cents per share beat the 36 cents analysts predicted in a FactSet poll. Revenue rose 2 percent to $12.07 billion. Revenue at stores open at least a year rose 1.8 percent.
Lowe’s profit surges 76 percent
November 20, 2012
Read it all, now.
Don't miss any of your favorite stories again. Read the stories that matter to you as much as you want, whenever you want when you subscribe to BostonGlobe.com.
Get full access today for just 99¢